Is Google working on blockchain?

Google has set up a new unit called Google Labs. The internal group will test blockchain, distributed computing and data storage technologies . The group will be headed by Shivakumar Venkataraman who served as an engineering vice president for Google till now.21 Oca 2022

Google is making significant inroads into the crypto ecosystem as blockchain technology and the adoption of disintermediated (cutting out the middlemen) peer-to-peer transactions become more mainstream.7 Şub 2022

With google coins , you are entitled to certain rewards known as play points that you can use to your advantage. You get these play points whenever you make a content purchase on the google play store. The good thing is, anyone can sign up for them since they are entirely free.

Alphabet’s Google Cloud division is forming a team to win blockchain business after making a concerted effort in retail and other industries. Google Cloud customers include blockchain companies such as Dapper Labs, Hedera and Theta Labs . In the future Google Cloud could accept payments in cryptocurrencies.